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Saturday, 13 February 2016

$26M HALLIBURTON BRIBE: FG moves against suspects

THE Federal Government has made good its threat to unveil and punish all those involved in the Halliburton fraud, which made international headlines.

Nigeria is said to have lost at least $26 million to corrupt officials in the high-wire financial scandal, in which other key players from several countries have been sentenced to various jail terms and made to pay various sums of fines to their governments.

Ibrahim Magu EFCC boss, Ibrahim Magu While those from foreign lands who gave the bribes have since been punished by their respective governments, the beneficiaries from Nigeria are yet to be fished out and sanctioned. However, about two weeks after the Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami, SAN, indicated that the Halliburton scandal had not been closed, the Federal Government has moved to unveil and punish the suspects.

As a starting point, the Economic and Financial Crimes Commission, EFCC has quizzed a Senior Advocate of Nigeria, Mr. Damian Dodo, over his role in the Halliburton deal.

Many other suspects in the global scandal are expected to be questioned in the weeks ahead. 

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